Why are natural gas prices so high? PG&E, Southern California Edison and experts blame everything from weather to storage to the CPUC.If you've looked at your gas and electric bills recently - you know prices are skyrocketing.
Nationwide natural gas prices are down - on average it's about $2.80 per million BTU but in California that number is closer to $20. That's a 600% premium.And on Tuesday the California Public Utilities Commission or CPUC, held a special hearing to try to figure out why prices keep going up.The CPUC convened a virtual panel of utility and energy experts to troubleshoot the spike so that it doesn't happen again in subsequent winters.
California imports 90% of its natural gas. Pipeline constraints certainly contributed to the price spikes but PG
Greed!
Selling us/U.S. out
This may explain it & BidenCrimeFamilly making so much money & being not so concerned about that balloon